September 2020 Group Watch: CARES Act Update
Governor Ivey has awarded $26 million of Coronavirus Relief Funds to assist Alabama agriculture impacted by COVID-19. These funds will be distributed seven programs: the Meat processing Plant Reimbursement Program, Catfish Processor Reimbursement Program, Fruit and Vegetable Processor Reimbursement Program, Direct Payment Business Stabilization Grants to Cattle Producers, State Supplemental CFAP Grant Program, Nursery Grower Reimbursement Program, and the Poultry Farmer Stabilization Grant Program. No funds may be used for salaries, building projects or capital improvement. The governor also awarded $10 million of Coronavirus Relief Funds for a statewide program to assist Alabama timber owners impacted by the COVID-19 pandemic. This grant program will be administered through the Alabama Forestry Commission and will include grants of up to $10,000 on a first-come, first-serve basis to qualifying timber owners who harvested timber in Alabama during the months March through July. Higher education institutions were awarded $72.34 million to support the purchase of technology and infrastructure related to remote instruction and distant learning. The Unemployment Insurance Trust Fund was allocated $300 million to be used to offset costs that are equally distributed to all tax-paying employers.
